Romania has become, as of Thursday, the 54th country to have the famous YouTube video platform available in Romanian language, occasion for the local advertising companies and agencies to be able to address the target audience through some innovative models of video commercials.

Thus, as of April 25, YouTube Romania will allow local creators of video content to be more easily found, both in Romania, as well as in the whole world. Also, local companies are able to use the portal as a means of promotion, to reach the intended audience. In addition, the YouTube Partner Program in Romania will provide a way for all content producers, large and small, to make money from uploaded videos.

Communications minister Marius Bostan hints that it will take some time until the privatization of the stake that the state holds in Telekom România (former Romtelecom), because the authorities have not yet selected the appropriate method - sale or IPO. Furthermore, the minister says that he first of all wants to increase the value of the company, because it has a "fantastic" potential, and the company is not currently looking "the way it should". read more...

Chinese multinational Huawei, one of the largest telecom-gear makers in the world, plans to invest some 100 million euros in its global services centre in Bucharest until 2018 and, furthermore, to employ another 300 people by the end of this year. read more...

The number of Romanians who use the social network Facebook has neared 5 million in August, of whom over 4.4 million had set their residing town when they created their account on the social network, show portal Facebrands.ro’s statistics. read more...